LINK/USD Exchange rate
Editors’ Picks
EUR/USD treads water around 1.0800 on weak Dollar
The mild pullback in the Greenback prompts EUR/USD to cling to its daily gains around the 1.0800 region as marlet participants shif their attention to upcoming US inflation data.
GBP/USD maintains its bid bias around 1.2560
GBP/USD keeps its auspicious start to the week well and sound and navigates the upper end of the range near 1.2560 on the back of the resumption of the selling bias in the US Dollar.
Gold under selling pressure near $2,330
Gold prices remain on the back foot amidst some recovery in the Greenback and ahead of the release of US PPI and CPI later in the week, prompting XAU/USD to retest the $2,330 region per troy ounce.
Crypto market under pressure from Bitcoin
Crypto market cap on Monday stands at $2.2 trillion, down 5.2% over seven days, although it showed some growth over the weekend. Local market capitalisation peaked on March 14th, but the active decline began about a month ago.
Five fundamentals for the week: Inflation and what the Fed says about it are in focus Premium
Will inflation finally fall? That is the question for markets, battered by four consecutive worrying releases of the all-important CPI. A warm-up with PPI, speeches by key Fed officials, and also a look at the central bank's second mandate.